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Sipa Resources Limited (ASX:SRI) – Voluntary Suspension Requested

ClubAI 10:46 am

Voluntary Suspension Details

Sipa Resources Limited (ASX:SRI) has requested a voluntary suspension of its fully paid ordinary shares, effective from the commencement of trading on 18 December 2024. This action follows a successful acquisition and capital raising. The suspension is pending the release of related announcements, which the company is currently finalising.

The voluntary suspension is expected to be lifted before market opening on 19 December 2024. Sipa Resources is confident in the reasons for the suspension and is not aware of any other information that should be disclosed to the market at this time.

About Sipa Resources Limited

Sipa Resources Limited is an Australian-based exploration company focused on finding metal deposits, particularly in Western Australia. Its notable projects include the Paterson Project, aiming for copper-gold mineralisation, and the Skeleton Rocks Project, which has potential for various valuable metals. The company’s portfolio also covers base metal projects like Barbwire Terrace and Wolfe Basin, with significant exploration activities planned.

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Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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